The initial part of turning a new idea and concept into a marketable product is in developing an effective design. Design is more than just creating a CAD drawing of a product; it is in understanding the engineering and operating principles behind the design.
For many Original Equipment Manufacturers, hiring outside engineering design services is the most cost-effective option. This allows the OEM to choose a team of professionals to work on a design without the costs associated with trying to hire engineers to work on an in-house team.
By using a reputable, established company that specializes in engineering design services and then can transition to prototype development and production of the part, component or device, the OEM has a definite advantage. This streamlines the process and may allow for earlier marketing and sales of the product, positioning the company to capture niche markets and establish a brand.
Focus of Design Services
Not all companies that offer engineering design services have focused or specialized groups of engineers for different industries. However, to ensure that the design meets all standards and regulations and complies with all requirements, using a specialized and focused company is always the best option.
Some of the large firms have a variety of teams that have specializations. This is an ideal option as it provides both a focused as well as a general application of engineering and design principles.
Beyond Engineering Design
For new products, working with one company for the entire design, prototype development, and production process has significant benefits. Logistics are easier, a timeline can be maintained for production, and the service provider has an understanding of the project from start to end.
Not only does this make it easier for the OEM, but it may also provide cost savings over the scope of the project. Companies that can bid on a full project and ongoing production can often find ways to reduce the costs without compromising on quality or services provided.